Expenditures in an IoT initiative The Internet of Things is a key driver of digital transformation. Companies are now investing in new IoT applications for streamlining business processes and cutting expenses. Considering IoT’s exponential growth, companies must now understand the phases and expenditures in an IoT initiative.

The Internet of Things is a fast-emerging ecosystem of IP-connected devices and has the potential of delivering significant business benefits valued at trillions of dollars in the coming decade across…

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Enhancing security in banks with biometric authentication  Biometric authentication devices in financial institutions such as banks can help in addressing consumer concerns regarding privacy and security. Biometric technologies are creating standards for simpler, robust authentication that reduce reliance on usernames and passwords.

There is a growing expectation amongst users that they should be able to easily access online banking sites from multiple and varying devices. As a result, banks need to ensure…

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Artificial neural network based on fractal learning Implementing fractal learning can enhance the working of artificial neural network. A fractal is referred to a mathematical set that can exhibit a repeating pattern, which is displayed at every scale. It is also known as evolving symmetry or expanding symmetry. If the pattern of replication is exactly the same at every scale, then it is called a self-similar pattern.

The phrase artificial neural network in AI refers to a very broad range of tasks such as speech recognition, playing games or searching the internet, controlling a robot, and all…

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Leveraging AI to secure customer loyalty The face of customer loyalty is changing constantly. While rewards and incentives are still important in drawing customer’s attention, customers are increasingly demanding to be seen and be heard as unique individuals with particular needs. Using AI in securing customer loyalty programs is the new solution.

Implementing AI in securing customer loyalty is the only way a business brand can reach an audience of thousands, and millions. AI algorithms can pluck out an individual’s need, intent…

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4 steps in building effective machine learning models Building machine learning models that have the ability to generalize well on future data requires thoughtful consideration of the data at hand and of assumptions about various available training algorithms. Ultimate evaluation of a machine learning model’s quality requires an appropriate selection and interpretation of assessment criteria.

Machine learning consists of algorithms that can automate analytical model building. Using algorithms that iteratively learn from data, machine learning models facilitate computers to find hidden insights from Big Data…

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The IoT and sustainable business acumen IoT is unlocking the potential of analyzing real-time data from different industry processes that will change sustainable business management. With IoT and sustainable business acumen, CIOs and boards, and users and operational functions can greatly benefit with the optimized resource utilization that it brings.

Due to the December 2015 UN climate change conference in Paris, several organizations across all countries are now pledging greenhouse gas (GHG) reduction targets and leaning towards achieving sustainability goals….

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